EPLUS CFO has 1,860 shares withheld for taxes
EPLUS INC Chief Financial Officer Elaine D. Marion reported a routine tax-related share disposition connected to restricted stock vesting.
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Form Type
4
Rhea-AI Filing Summary
EPLUS INC Chief Financial Officer Elaine D. Marion reported a routine tax-related share disposition connected to restricted stock vesting. On the vesting of a restricted stock award granted on June 10, 2025, the company withheld 1,860 shares of common stock at $82.15 per share to cover her tax liability, rather than these shares being sold on the open market.
After this withholding, Marion directly holds 37,115 common shares. She also has indirect holdings of 424 shares through an IRA and 78,621 shares held in a revocable trust where she and her spouse are the sole trustees and beneficiaries. The filing reflects compensation-driven share withholding, not discretionary buying or selling.
Insider Trade Summary
Exercise Price or Tax Liability: 1,860 shares
Exercise Price or Tax Liability
3 txns
Insider
Marion Elaine D
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,860 | $82.15 | $153K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 37,115 shares (Direct);
Common Stock — 78,621 shares (Indirect, By Elaine D. Marion Trust);
Common Stock — 424 shares (Indirect, By IRA)
Footnotes (2)
- F1. Represents shares withheld for payment of tax liability arising as a result of the partial vesting of a restricted stock award granted on June 10, 2025, and originally reported by the reporting person in a Form 4 filed with the Commission on June 11, 2025.
- F2. The shares are held in a revocable trust, of which the reporting person and her spouse are the sole trustees and beneficiaries.
Key Figures
Shares withheld for taxes: 1,860 shares
Withholding price per share: $82.15 per share
Direct shares after transaction: 37,115 shares
+2 more
5 metrics
Shares withheld for taxes
1,860 shares
Tax liability on restricted stock vesting
Withholding price per share
$82.15 per share
Value used for 1,860 withheld shares
Direct shares after transaction
37,115 shares
Direct common stock held after tax withholding
Indirect IRA holdings
424 shares
Common stock held indirectly via IRA
Revocable trust holdings
78,621 shares
Common stock held in revocable trust
Key Terms
restricted stock award, revocable trust, tax liability, Form 4, +1 more
5 terms
restricted stock award financial
"partial vesting of a restricted stock award granted on June 10, 2025"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
revocable trust financial
"The shares are held in a revocable trust, of which the reporting person"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
tax liability financial
"shares withheld for payment of tax liability arising as a result of the partial vesting"
Form 4 regulatory
"originally reported by the reporting person in a Form 4 filed with the Commission"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
IRA financial
"nature_of_ownership": "By IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did EPLUS INC (PLUS) report for CFO Elaine D. Marion?
EPLUS INC reported that CFO Elaine D. Marion had 1,860 common shares withheld to pay taxes on a vesting restricted stock award. This is a non-market, compensation-related tax-withholding event rather than an open-market purchase or sale of shares.
What indirect EPLUS INC (PLUS) holdings are reported for the CFO in the Form 4?
The filing reports two indirect positions: 424 common shares held through an IRA and 78,621 common shares held in a revocable trust. Marion and her spouse are the sole trustees and beneficiaries of the trust, giving them beneficial ownership of those shares.
Was the EPLUS INC (PLUS) Form 4 transaction an open-market sale by the CFO?
No. The 1,860 shares were withheld to pay taxes on a vesting restricted stock award. This F-code transaction represents a tax-withholding disposition, not an open-market sale initiated to change investment exposure to EPLUS INC shares.
What does the F transaction code mean in the EPLUS INC (PLUS) Form 4?
The F code indicates shares were used to pay an exercise price or tax liability. Here, 1,860 EPLUS INC shares were withheld to satisfy Marion’s tax obligation from restricted stock vesting, reflecting a mechanical compensation event rather than discretionary trading activity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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